RG Global Lifestyles Appoints New CTO, Acquires Critical
January 03 2007RANCHO SANTA MARGARITA, Calif. -- January 3, 2007 -- RG Global Lifestyles (OTCBB: RGBL) has appointed water treatment industry veteran and innovator Juzer Jangbarwala as its chief technology officer (CTO) and has reached an agreement with Mr. Jangbarwala to acquire an ion exchange water treatment patent he holds. Mr. Jangbarwala’s appointment and an additional agreement with his company, Catalyx Fluid Solutions, Inc., are contingent upon the execution of a multi-year contract between RG Global and one or more oil and gas production companies.
“Juzer Jangbarwala’s extensive wastewater treatment experience and leadership and his world class team of experts who implement and manage water treatment projects around the world, are tremendous additions to our company,” said Louis L. Knickerbocker, RG Global chairman and CEO. “His expertise and technologies will further enhance our capabilities of providing cost-effective and environmentally friendly solutions to address a broad range of water quality issues that threaten water supplies domestically and abroad.”
With 25 years of experience in the water and wastewater treatment industry, Mr. Jangbarwala is the founder and director of Catalyx Fluid Solutions, Inc., (a spin-off of Catalyx, Inc.) where he also has developed industrial spin-off applications based on the patent being acquired by RGBL. Prior to Catalyx Fluid Solutions, Inc. (CFS), he was founder, CTO and CEO of Hydromatix, Inc., which was acquired by the BOC Group in 2002.
“RGBL has a very competent consumer product team,” Mr. Jangbarwala said. “As CTO, I’ll be developing strategies and applications of our innovative technologies for the consumer market, as well as building a team to adapt our technologies for industrial applications.”
RG Global will use Mr. Jangbarwala’s patented ion exchange technology to develop and launch a new low-cost alternative for the $2.0 billion residential water softener market that will meet the needs of residents in many California counties where self-regenerating water softeners are banned and in the growing number of states considering banning them.
The new water softeners, expected to hit the market in early 2008, will generate a miniscule amount of waste that can be easily disposed in the trash. It solves the pervasive problem caused by traditional regenerating water softeners, which dump excessive amounts of sodium in the sewage and prevent municipalities and homes from reusing the water for irrigation of greenery.
“We have already been very successful with a similar version of this technology in th


